At SIPHEM we offer a number of 'off-the-shelf' services to aid the online Merchant. We also offer custom services tailored specifically to match your needs. Please contact us if you have any questions.

 CREDIT CARD VERIFICATION

Our software can simply 'plug-in' to your current shopping cart and provide real-time verification of your credit card transactions. By matching the name on the card to the supplied address and the 3 digit security number, you can stop fraudulent transactions before they happen.

 CREDIT CARD NUMBER CHECK

Merchants can have access to our online credit card number verifier to check if a VISA, MasterCard or American Express card number is a valid number based on the Mod-10 algorithm before actually submitting to the credit card processor. This is useful if you want to see if a card presented to you is even a valid card number without actually running it through your credit card terminal or software.

 IDENTITY THEFT PREVENTION

Sometimes a credit card can be used for purchases online and be successfully accepted due to a number of reasons. We have sophisticated systems in place allowing us to track the IP Address of the card user to a very specific location allowing much easier identification and recovery.

 CHARGEbacks

We offer to buy your chargebacks from you allowing you access to instant cash, and eliminating time wasted trying to recover money.

Why Sell Your Chargebacks/Receivables?

• Provides immediate cash for reinvestment, expansion and new business opportunities.
• Allows your company to focus on its primary business.
• Eliminates the need to deal with delinquent consumers and/or third parties.
• Eliminates the wait for contingency payments.
• Eliminates the work of managing collection agencies.
• Reduces internal collection work force and associated costs.
• Removes the risk of delinquent consumers declaring bankruptcy.
• Allows an exit strategy for bad debt.

We purchase accounts on a One Time Basis as well as on an ongoing forward flowing basis.